LG Electronics IPO

LG Electronics India Ltd. is coming out with a book-built IPO worth Rs 11,607.01 crores, entirely an Offer for Sale of 10.18 crore shares. The IPO opens for subscription on October 7, 2025, and closes on October 9, 2025. Allotment is expected on October 10, 2025, with listing on BSE and NSE set for October 14, 2025. The price band is Rs 1,080–1,140 per share, and the lot size is 13 shares, requiring a minimum retail investment of Rs 14,820. sNII investment stands at Rs 2,07,480, while bNII requires Rs 10,07,760. Morgan Stanley is the lead manager.

LG Electronics IPO Details

Check out the issue details for LG Electronics IPO as disclosed in SEBI.

Price Band

₹ 1080 - 1140

Issue Size

11607.01 Cr.

Issue Type

Book Built

Open

2025-10-07

Close

2025-10-09

LG Electronics News

LG Electronics India gets Sebi's nod to float IPO 15 Mar 2025, 10:56AM LG Electronics India files IPO papers with SEBI 9 Dec 2024, 2:40PM

Company Financials

You can get the following financial statements of LG Electronics as of now.

Company Name

LG Electronics

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

LG Electronics IPO Details

The details about the LG Electronics IPO are as follows:

  • The issue size of the IPO is Rs 11,607.01 Cr.
  • The price band for LG Electronics India IPO is Rs 1080 to Rs 1140.
  • The shares of LG Electronics India IPO will list on BSE and NSE.
  • The latest tentative GMP of LG Electronics IPO is Rs 40.
  • The shares of LG Electronics IPO are subscribed _ Times.

 

LG Electronics India IPO Valuation

The approximate valuation of LG Electronics India Ltd. IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 1140
Existing Shares (Qty) 67.87 Cr
Market Cap Rs 77371.8 Cr
EPS (FY25) Rs 32.46
PE Ratio 35.12x
Industry PE 56.49x

 

LG Electronics IPO Issue Size

LG Electronics India Ltd. IPO issue size is Rs 11,607.01 Cr.

Issue Amount
Fresh Issue Rs 0 Cr
Offer For Sale Rs 11,607.01 Cr

 

LG Electronics IPO Market Lot

An individual can apply for a minimum of 1 lot of 13 shares and a maximum of 13 lots (169 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 13 Rs 14,820
Retail Maximum 13 169 Rs 1,92,660

 

LG Electronics India IPO Share Offer

The shares of LG Electronics India Ltd. IPO are subscribed _ Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

LG Electronics IPO GMP (Grey Market Premium)

As on GMP (Tentative)
1 October 2025  Rs

LG Electronics India Ltd. IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

LG Electronics IPO Dates

Find below the dates for LG Electronics IPO

Schedule Date
Basis of Allotment 10 Oct 2025
Refunds 13 Oct 2025
Credit to Demat Account 13 Oct 2025
IPO Listing Date 14 Oct 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 15709.6 15086.6 16834.21 19864.59 21352
Total Expenditure 13240.7 12736.7 15123.75 17963.23 19124.82
Operating Profit 2468.9 2349.9 1710.47 1901.36 2227.18
Other Income 300.1 175.4 203.8 243.99 206.67
Interest 6.1 19.8 24.34 24.63 32.36
Depreciation 241.9 243.9 258.36 300.39 364.37
Exceptional Items 0 0 0 0 0
Profit Before Tax 2521 2261.6 1631.56 1820.33 2037.12
Provision for Tax 666.6 595.1 425.96 472.31 526.05
Net Profit 1854.4 1529 1174.73 1344.93 1511.07
Adjusted EPS (Rs.) 2.73 2.46 1.78 1.99 2.23

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 113.13 113.1 113.13 113.13 113.13
Total Reserves 6278.9 6473.4 5387.62 4243.12 3659.12
Borrowings 0 0 0 0 0
Other N/C liabilities 133.9 4860.2 5391.44 5829.72 6380.15
Current liabilities 2555.9 4034.7 4462.26 5214.06 5288.28
Total Liabilities 9081.83 15481.4 15360.73 15400.02 15440.68
Assets
Net Block 834.8 1048.9 1047.48 1342.79 1318.85
Capital WIP 84.6 33.3 102.4 24.35 24.21
Intangible WIP 0 0.5 0.56 0.26 0.25
Investments 0 0 0 0 0
Loans & Advances 339.13 4833.3 5406.03 5766.72 6253.53
Other N/C Assets 2.7 65.8 84.88 91.67 83.83
Current Assets 7820.6 9499.6 8719.38 8174.23 7760.01
Total Assets 9081.83 15481.4 15360.73 15400.02 15440.68
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 2521 2261.6 1631.56 1820.33 2037.12
Adjustment 18.6 -74.3 47.01 111.54 211.46
Changes in Assets & Liabilities 8.7 422.9 -679.11 381.43 -13.26
Tax Paid -548.3 -567.6 -401.6 -442.48 -569.85
Operating Cash Flow 2000 2042.6 597.87 1870.83 1665.46
Investing Cash Flow -106.8 30.2 -77.11 -274.37 -20.19
Financing Cash Flow -26.7 -1372.6 -2326.51 -2560.73 -2185.25
Net Cash Flow 1866.5 700.2 -1805.74 -964.27 -539.98

LG Electronics India IPO: Date, Price Band, Valuation & Details

LG Electronics India, a market leader in home appliances and consumer electronics, is launching its much-anticipated Initial Public Offering (IPO) on October 7, 2025. The public issue will close on October 9, 2025. This IPO is set to be the third-largest in India in 2025, with an issue size of Rs 11,607 crore, marking the first-ever public listing of the Indian subsidiary of the South Korean multinational.

About LG Electronics India

Established in 1997, LG Electronics India is a wholly-owned subsidiary of South Korea's LG Electronics. The company manufactures, imports, and distributes a diverse range of products, including washing machines, refrigerators, televisions, air conditioners, and microwaves. As a leader in India’s consumer durables and home appliances market, LG serves both business-to-business (B2B) and business-to-consumer (B2C) segments.

Business Highlights

  • Manufacturing Prowess: The company operates two large manufacturing facilities in Noida and Pune and is in the process of establishing a new plant in Sri City, Andhra Pradesh. A high percentage (97–98%) of its products are manufactured locally.

  • Extensive Distribution Network: LG India has a vast presence with over 36,000 retail touchpoints, 25 warehouses, and 949 service centers across the country.

  • Global Support: The Indian subsidiary benefits from the global supply chains, research and development, and strong brand equity of its parent company, LG Electronics Inc..

LG Electronics India IPO Details (2025)

Detail Value/Date
IPO Open Date October 7, 2025
IPO Close Date October 9, 2025
Listing Date October 14, 2025 (Tentative)
Price Band Rs 1,080 – Rs 1,140 per share
Issue Size Rs 11,607 crore (Approx.)
Offer Structure 100% Offer for Sale (OFS) of 10.18 crore shares
Lot Size 13 Shares
Minimum Investment (Retail) Rs 14,820
Employee Discount Rs 108 per share

Valuation, Financials & Market Position

  • FY25 Revenue: Rs 24,630.63 crore

  • FY25 Net Profit (PAT): Rs 2,203.25 crore

  • Market Capitalisation: At the upper price band, the company is valued at approximately Rs 77,380 crore.

  • P/E Ratio: The price-to-earnings ratio stands at 33.27 times at the lower price band and 35.12 times at the upper end, based on FY2025 earnings.

LG Electronics India reported the highest revenue and earnings per share (EPS) among its listed peers like Havells, Voltas, and Whirlpool for the 2024 financial year, positioning it as a strong player in India's premium appliances market.

IPO Structure & Utilisation

  • Offer for Sale: The IPO is entirely an Offer for Sale, where the promoter, LG Electronics Inc. of South Korea, will offload a 15% stake. The company itself will not receive any proceeds from the public issue.

  • Reservation: The issue has a reservation of 50% for Qualified Institutional Bidders (QIBs), 35% for retail investors, and 15% for Non-Institutional Investors (NIIs). A portion is also reserved for eligible employees.

Industry & Growth Prospects

India’s appliances and electronics market, which grew at about 7% annually between 2019 and 2024, is projected to accelerate to an 11% growth rate through 2029. This growth is driven by rising disposable incomes, increasing urbanisation, and deeper market penetration in rural areas. LG India is well-positioned to capitalise on this trend through its premiumization strategy and capacity expansion.

Key Dates & Timeline

Event Date
Anchor Investor Bidding October 6, 2025
IPO Opening October 7, 2025
IPO Closing October 9, 2025
Allotment Finalization October 10, 2025 (Tentative)
Listing on BSE & NSE October 14, 2025 (Tentative)

Frequently Asked Questions (FAQs) about LG Electronics India IPO

Q1: What is the size and price band of the LG Electronics India IPO?
The IPO size is approximately Rs 11,607 crore, with a price band set at Rs 1,080 – Rs 1,140 per share.

Q2: Who is selling shares in this IPO?
The IPO is a complete Offer for Sale by the parent company, LG Electronics Inc. of South Korea.

Q3: What will the funds raised be used for?
Since this is an OFS, all proceeds will go to the promoter (the selling shareholder), and LG Electronics India will not receive any funds from the issue.

Q4: When is the stock market listing scheduled?
The shares are expected to be listed on the BSE and NSE on October 14, 2025.

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